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. and of ronald reagan and tip o'neill reforming social security. ronald reagan and tip oatmeal during the last comprehensive tax reform. bill clinton and republican congress with welfare reform and balanced in the budget. so we look forward to making this divided government productive for the american people and the several wellness we have a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward and we look forward to being a part of the solution to the significant problems. it is my pleasure now to turn to our newly elected with come as senator cornyn of texas. >> well, things, natch. it's an honor to be elected by my colleagues to serve as the whip, the assistant leader on the republican side. as a drama, fat, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in a lame duck coming out this if this are going forward. there is no mystery about that commanders say mr. to solutio
countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
examples of presidents who solved big problems by finding common ground with the other side. ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his nose at the other side and insisting that if republicans aren't willing to do things his way, he won't do anything at all. now, if the president's serious, he'll follow the leads of president reagan and clinton. if he's really serious, he'll put the campaign rhetoric aside, propose a realistic solution that can pass a republican-controlled house and a divided senate, and work to get it done. and if the president acts in this spirit, i have no doubt he'll have the support of his own party and a willing partner
-- ronald reagan as president -- worked together to make our tax code more logical, more equitable, and more efficient. ten years later, divided government produced a sweeping overhaul of our welfare system, under then-president bill clinton. conservative republicans joined with a democratic president to help millions of lower-income people break free of the cycle of dependency and despair. of course, we know we've had divided government. as i said earlier, we really had a status quo election in that sense. we've had divided government since january 2011 when republicans regained the majority in the house of representatives. the result over the last two years, sadly, it has produced legislative stalemates and bitter recriminations. why should anybody expect that things will be different going forward? i think, mr. president, what's different now from then is that republicans and democrats alike recognize we are at a crossroads, that our current fiscal path is unsustainable, and that we're either going to send the economy back into a recession -- unless we deal with the fiscal cliff and the s
Search Results 0 to 3 of about 4

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